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Showing content with the highest reputation on 09/04/21 in all areas

  1. Well that turned out to be nonsense.......
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  3. Are You A Market Tourist ? Before the lock-down I went to the Maldives with the woman who would turn out to be the mother of my first child. God bless her. She is the most patient/no nonsense woman I have ever known.She actually dragged me there knowing how much I hate traveling. Well not travelling per say more like packing . Whilst I was there on the secluded island I noticed that there were no "tourists" around. The beaches were empty except for a handful of people. It was pure bliss. It was the first time I ever saw a ''proper beach'' and by beach I mean the sea, sand and very littl
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  4. To clarify, I am in agreement with your post , my math says the risk reward is not worth is not worth it trying to chase this one.
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  5. correction the VXN @23.15 and CNX1 @57054
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  6. Looking at my vol signal for nasdaq volatility, the VXN is extremely bullish and at the low end of its volatility range (23.15) whilst very near the top end of its price range @57054. Whilst you are right that pull backs can occur and very probable at these levels , it is important to be cognisant that if the volatility of the VXN keeps getting compressed and stays compressed , we are blowing past that level with no pull backs.
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  7. I am making money now with a lot less stress. I was taking too many big bets not managing my account well ( emotionally incapable) and being reactive rather than proactive. Currently, my returns are measured in basis points ( 1 basis point is = 0.01%) I allocate capital to shares ( zero leverage) 25 basis points at a time ( 0.25%) of my total capital standing today at 116 basis points at the end of march vs the FTSE which was up 195 basis points in that time. So I am slowly making the money back. The main thing I want to cement is massive returns are great but I am on a path to slowly p
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  8. While this article gives good advise, in my opinion, it is a huge mistake to remove one stock of the market like you guys have done. Specially when it has been so openly discussed. It is true that going with the crowd sets you in a position where we are 'late' to the party. We are likely to receive all the hits if we follow the crowd. We know that. But the way to manage risk is personal and shouldn't be influenced by the broker. Because I never received financial advise when I saw that 80% of customer loose money trading with a broker, I shouldn't be patronised and blocked fro
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  9. down again. Nice one guys. Remember your screwing all your customers here
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  10. So what is IG going to do about the fact that it crashed for an hour during the rapid events, and GME shares worth $400 couldn't be sold (in fact, it seems a huge number couldn't even log in successfully) until they had hit $200. Taking risks on a stock is one thing. But when the platform goes completely dark, is that just a gamble that's our fault as well? And if it's not our fault, then does the company who's responsible get to share in the losses they're responsible for?
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